Mainstream investors for the first time are beginning to assess labor and human rights factors as a w
ay of increasing returns and lowering risk, according to a study released today by Harvard Law School’s Labor and Worklife Program (LWP). “Incorporating Human and Labor Rights Risk into Investment Decisions” says a growing number of institutional investors and global lenders are widening conventional investment decision-making to incorporate assessments of the long-term sustainability risks posed by corporate labor and human rights practices. Pioneers in the field include leading European and U.S. pension funds as well as financial firms such as Goldman Sachs and Mercer.
The editor of our companion blog, Governance Notes, has recently conducted an interview with Aaron Bernstein, the principal author of this study. You can listen to the interview here.
[podcast]http://globalinvestmentwatch.com/audio/bernsteininterview.mp3[/podcast]
In addition, you can read or download a copy of the report here.
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